It Tech Packaging Stock Technical Analysis
| ITP Stock | USD 0.42 0.03 6.67% |
As of the 29th of January, IT Tech owns the Market Risk Adjusted Performance of (0.59), standard deviation of 14.98, and Semi Deviation of 6.19. IT Tech Packaging technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices.
IT Tech Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ITP, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ITPITP |
IT Tech technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
IT Tech Packaging Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of IT Tech Packaging volatility. High ATR values indicate high volatility, and low values indicate low volatility.
IT Tech Packaging Trend Analysis
Use this graph to draw trend lines for IT Tech Packaging. You can use it to identify possible trend reversals for IT Tech as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual IT Tech price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.IT Tech Best Fit Change Line
The following chart estimates an ordinary least squares regression model for IT Tech Packaging applied against its price change over selected period. The best fit line has a slop of 0 , which may imply that IT Tech Packaging will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.71, which is the sum of squared deviations for the predicted IT Tech price change compared to its average price change.About IT Tech Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of IT Tech Packaging on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of IT Tech Packaging based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on IT Tech Packaging price pattern first instead of the macroeconomic environment surrounding IT Tech Packaging. By analyzing IT Tech's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of IT Tech's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to IT Tech specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2024 | 2025 (projected) | Dividend Yield | 0.007567 | 0.007189 | Price To Sales Ratio | 0.0414 | 0.0394 |
IT Tech January 29, 2025 Technical Indicators
Most technical analysis of ITP help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ITP from various momentum indicators to cycle indicators. When you analyze ITP charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.0869 | |||
| Market Risk Adjusted Performance | (0.59) | |||
| Mean Deviation | 6.88 | |||
| Semi Deviation | 6.19 | |||
| Downside Deviation | 8.34 | |||
| Coefficient Of Variation | 1083.16 | |||
| Standard Deviation | 14.98 | |||
| Variance | 224.31 | |||
| Information Ratio | 0.0867 | |||
| Jensen Alpha | 1.54 | |||
| Total Risk Alpha | 0.0357 | |||
| Sortino Ratio | 0.1557 | |||
| Treynor Ratio | (0.60) | |||
| Maximum Drawdown | 129.28 | |||
| Value At Risk | (10.87) | |||
| Potential Upside | 10.0 | |||
| Downside Variance | 69.5 | |||
| Semi Variance | 38.3 | |||
| Expected Short fall | (11.25) | |||
| Skewness | 5.5 | |||
| Kurtosis | 38.77 |
Additional Tools for ITP Stock Analysis
When running IT Tech's price analysis, check to measure IT Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IT Tech is operating at the current time. Most of IT Tech's value examination focuses on studying past and present price action to predict the probability of IT Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IT Tech's price. Additionally, you may evaluate how the addition of IT Tech to your portfolios can decrease your overall portfolio volatility.